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Some time ago, Tracie purchased two acres of land costing $67,900. Today, that land is valued at $64,800. How long has she owned this land

Some time ago, Tracie purchased two acres of land costing $67,900. Today, that land is valued at $64,800. How long has she owned this land if the price of the land has been decreasing by 1.3 percent per year?

A. 3.09 years

B. 3.57 years

C. 4.02 years

D. 4.45 years

E. 2.58 years

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